Level 3 Committed to Increasing Presence in Alabama, Louisiana and Mississippi
NEW ORLEANS, Apr 22, 2010 -- Level 3 Communications, Inc. (NYSE:LVLT, news, filings) today announced that it has expanded its operations and is enhancing its local presence in the Gulf Coast area, which includes New Orleans; Baton Rouge, La.; Jackson, Miss.; and Mobile, Ala. This initiative reflects Level 3's continuing commitment to enhancing its presence in local markets throughout the country, with the goal of providing mid-market enterprises with a world-class customer experience.
"I am pleased to see that Level 3 is investing in the Gulf Coast region and bringing businesses a competitive alternative for communications services," said Norman Katool, CFO and founder of Venture Technologies. "Venture Technologies has a great relationship with Level 3 because they are focused on understanding and meeting our business communications needs, which allows us to focus on delivering comprehensive IT solutions for our customers."
In support of this local-expansion effort, Level 3 is growing and realigning its local workforce in the Gulf Coast region to combine a local presence, in-depth marketplace knowledge and broad expertise in the communications industry. Through a combination of its extensive backbone network, metro fiber-optic footprint, and a locally focused sales and customer support team, Level 3 provides greater opportunities for mid-market enterprises to take advantage of Level 3's broad portfolio of communications services.
"The Gulf Coast is a dynamic region with a burgeoning technology sector, and Level 3's extensive fiber footprint in the region ideally positions us to support that growth," said Alan Aparicio, Level 3's Gulf Coast general manager. "This is a region where network reliability is the linchpin to building trusted relationships, and Level 3 continues to prove its value to an increasing number of Gulf Coast businesses."
Through this initiative, Level 3 will leverage existing network assets of more than 300 metro fiber route miles throughout the Gulf Coast area. In addition, Level 3 plans to augment network capacity in the region and expand the number of businesses that are directly connected to the Level 3 network. This expansion will provide mid-market enterprises with access to the full suite of Level 3 services and allow them to quickly and easily increase their bandwidth as business needs grow.
The expansion of operations in the Gulf Coast area marks the continuation of a locally focused strategy that Level 3 launched successfully in mid-2009. The company is pleased with the progress of the initiative to date as evidenced by increased sales from customers in the initial markets as well as higher reported overall customer satisfaction for mid-market enterprises.
About Level 3 Communications
Level 3 Communications, Inc. (NASDAQ: LVLT) is a leading international provider of fiber-based communications services. Enterprise, content, wholesale and government customers rely on Level 3 to deliver services with an industry-leading combination of scalability and value over an end-to-end fiber network. Level 3 offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. For more information, visit www.Level3.com.
© Level 3 Communications, LLC. All Rights Reserved. Level 3, Level 3 Communications and the Level 3 Communications Logo are either registered service marks or service marks of Level 3 Communications, LLC and/or one of its Affiliates in the United States and/or other countries. Level 3 services are provided by wholly owned subsidiaries of Level 3 Communications, Inc. Any other service names, product names, company names or logos included herein are the trademarks or service marks of their respective owners.
Some of the statements made in this press release are forward looking in nature. These statements are based on management's current expectations or beliefs. These forward looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. The most important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the current uncertainty in the global financial markets and the global economy; disruptions in the financial markets that could affect Level 3's ability to obtain additional financing; as well as the company's ability to: increase and maintain the volume of traffic on the network; successfully integrate acquisitions; develop effective business support systems; defend intellectual property and proprietary rights; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that lead to further competition; attract and retain qualified management and other personnel; and meet all of the terms and conditions of debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: Level 3 Communications, Inc.
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